Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $76.1500 (-2.72%) ($76.1500 - $76.1500) on Wed. Oct. 19, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.59% (three month average) | RSI | 55 | Latest Price | $76.1500(-2.72%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.2% a day on average for past five trading days. | Weekly Trend | ZM advances 0.2% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(35%) SKYY(34%) IBUY(31%) BOTZ(29%) IVW(29%) | Factors Impacting ZM price | ZM will decline at least -1.795% in a week (0% probabilities). UUP(-21%) TBT(-7%) VXX(-4%) USO(-4%) VIXM(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.795% (StdDev 3.59%) | Hourly BBV | -1.3 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $75.7(0.59%) | 10 Day Moving Average | $75.62(0.7%) | 20 Day Moving Average | $75.33(1.09%) | To recent high | -33.5% | To recent low | 5.3% | Market Cap | $21.474b | | | | Zoom Video Communications, Inc. engages in the provision of video-first communications platform. It connects people through frictionless video, voice, chat and content sharing, and enable face-to-face video experiences for thousands of people in a single meeting across disparate devices and locations. It focuses on customer and employee happiness, a video-first cloud architecture, recognized market leadership, viral demand, an efficient go-to-market strategy, and robust customer support. The company was founded by Eric S. Yuan in 2011 and is headquartered in San Jose, CA. |